Many buyers do not fully
understand the home buying process and what role a real estate agent
plays. The following are some of the most frequently asked questions.
Here are some answers to frequently
asked questions;
What does it cost as a buyer
to use an agent?
The compensation that a sales agent receives typically comes from
the seller's proceeds. In other words, there is no cost for a buyer
to use an agent in a traditional agent/buyer relationship. In a
buyer agency agreement, there may be some cost to the buyer, but
even these agreements are usually worded so that the agent is compensated
from the seller.
Can my agent give me information
regarding properties from other companies?
Yes, if that other company is a member of Multiple Listing Service
(MLS). For Sale By Owner (FSBO) properties are not listed in the
MLS so an agent likely would not be able to provide information
regarding them. However, with a buyer agency agreement, your agent
may be able to help you purchase a FSBO.
What type of information
will my agent need from me?
An agent will need any type of information regarding the property
you are looking for that is important to you. For example, number
of bedrooms, garage size, price, location and number of bathrooms
are common criteria. Other considerations include the school district,
type of home and room sizes.
How can I find out about
new properties?
Your agent should be able to accommodate your particular situation
whether it is via e-mail or telephone. Clients with e-mail capability
can receive automatic updates from the MLS system as soon as new
listings are entered.
What if I am unhappy and
want to switch agents?
Let the first agent know that you are unhappy and the reasons why.
See if you can work out the issues with them. If not, tell the agent
you no longer want to work with them and find another agent.
Summary
When purchasing real estate, a sales agent can be an invaluable
resource if you remember your responsibilities:
1. Work with just one agent
2. Make sure you tell your agent everything
3. Always tell other agents you are already working with an agent
4. Consider your agent your advocate
Learn More At Our FREE
Home Buyer Workshops
| Home
Buyer Workshops |
| What if we told you the smartest
investment you would ever make during your lifetime would be
to own a home? What if we told you the way in which you buy
your homes over a lifetime would determine whether you ever
became rich? And what if we told you that in just an hour or
two we could share with you a simple system that would help
you build wealth through home ownership? Would you be interested? |
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At RE/MAX,
We think buying a home should be an exciting and fulfilling experience:
From your first house-hunting expedition until the closing and beyond,
you as a prospective home owner, should experience feelings of happiness,
enthusiasm and anticipation about yourselves, your new home and
your future.
And now you can begin you
home search today;
Free
Automatic Home Search
This
FREE service is designed to
help you automate the search for your dream home.
- No
more manual searches.
- Just
input the specifications for your dream home.
- The
first automatic email will list all homes that meet your search
criteria.
- Then
each day you will receive a list of all new homes for sale.
- Without
ever having to talk to an agent. It's just that easy!
- Just
click on the link below and start your automatic-email home
search today!
|
|
Remax
Professionals Inc.
Brokerage
1645 Dundas Street West
Mississauga, Ontario
L5C 1E3 |
905-270-8840
or 416-640-0734
